The post UwU Lend faces second hack during $20M reimbursement process appeared on BitcoinEthereumNews.com.

The UwU exploiter strikes again and steals $3.5 million from the lend protocol as it begins reimbursing hack victims. The UwU Lend protocol, which was hacked for nearly $20 million on June 10, is under attack again in an ongoing cryptocurrency exploit. Onchain data analytics platform Cyvers alerted the protocol to the attack, claiming the attackers were the same as the ones who carried out the previous $20 million exploit. The ongoing exploit has already stolen $3.5 million from different asset pools, namely uDAI, uWETH, uLUSD, uFRAX, uCRVUSD and uUSDT. All stolen assets have been converted to Ether (ETH) and are located at the attacker’s address: 0x841dDf093f5188989fA1524e7B893de64B421f47. Read more Source: https://cointelegraph.com/news/uwu-lend-second-hack-20m-reimbursement

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Filed under: News - @ June 13, 2024 10:20 pm